Have you been able to do that yet? Another dead board? Is this a replacement & the exact same thing is happening? Starting to think along the lines something may possibly be wrong with the monitor or cable connection? The PSU should no longer be an issue since it has a 40 amp +12V rail. Do the testing with only one stick of RAM placed in the primary blue dimm slot, & a monitor connected to an add-in discrete VGA. With the swapping of parts, it is a good idea to remove the power cord from the PSU, remove the battery for awhile, & clear the CMOS.
I did try with a PCI-E video card, no joy there either. There's no problem with the monitor or cable as I'm currently using it as part of a dual monitor setup for my desktop PC. The MB only has one stick of RAM in slot #1. I did remove the power cord and clear the CMOS. Still nothing. Upshot is, I contacted Tiger Direct customer service and they have agreed to RMA the MB. I will be returning it and purchasing an Intel MB. I just need a simple, stable MB for this PC as it's for the wife to use for surfing the web, e-mail, light office use, nothing fancy.
I appreciate everyone's willingness to help with this, however, I just can't invest any more time and effort into trying to get this MB working. Thanks.